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Among the legislation being considered by California lawmakers are a number of amendments that would alter one of the state's most famous initiatives ever: Prop 13.

Voted into law back in 1978, Prop 13 places a cap on both residential and commercial property taxes. The proposition remains popular 35 years later.

According to a new poll out from the Public Policy Institute of California, nearly 60 percent of those surveyed said it's been a good thing for the state. But the same number of voters also said they'd be in favor of reforming it.

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